Mass. Gen. Laws » Part I Title XX Chapter 140
Massachusetts General Laws

Mass. Gen. Laws ch. 140, § 114C (2026)

Annual fee; notice; cancellation of agreement; reports

✓ current as of July 2026
Find cases: SyfertCases citing this section MAmalegislature.gov (official) JustiaChapter on Justia CornellLII Search CasesGoogle Scholar

Section 114C. A card issuer as defined in section one of chapter one hundred and forty D, whether located within or without the commonwealth, may assess an annual fee provided that the cardholder as defined by said section one, is notified of the amount of any such fee on or with the billing statement for the billing period prior to that in which the annual fee is billed to the cardholder's account. A cardholder may cancel his credit card agreement at any time during this period without penalty. If the cardholder cancels the agreement at any other time during the year, he shall receive a refund on a pro-rata basis of two-thirds of the annual fee.

Notes of Decisions
Cited in 2 cases, 1991–2009 · leading case: Capital One Bank v. Comm'r of Revenue, 453 Mass. 1 (Mass. 2009).
Sort: Relevance Newest Treatment
Capital One Bank v. Comm'r of Revenue, 453 Mass. 1 (Mass. 2009). · cites it 3× “See G. L. c. 140, § 114C, inserted by St. 1987, c.”
Greenwood Trust Co. v. Com. of Mass., 776 F. Supp. 21 (D. Mass. 1991). · cites it 3× “What’s more, in view of the protection of the Commonwealth’s consumer disclosure statute, Mass.Gen.L. ch. 140, § 114C, the Court rules that the consent of the cardholders to such charges was not obtained by improper means.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.